UK: BARCLAYS AGAINST CASH MACHINE PLAN

Article Abstract:

Barclays Bank is unhappy with proposals to impose a GB[pound] 0.30 limit on customers using cash machines and believes that fellow members of the Link network will back its stance. Don Cruickshank, who is leading the UK government's review of banking, has recommended the limit, saying that banks which exceeded it would have to answer to the Competition Commission. Barclays Bank claims that the existing system does provide sufficient recompense for the degree of investment in developing and maintaining its network. Mr Cruickshank had previously criticised plans to impose a charge of GB[pound] 1-GB[pound] 1.50 for using the Automated Teller Machines (ATMs).

Government regulation, Laws, regulations and rules

---

UK: OBJECTIONS TO CASH MACHINE CHARGES

Article Abstract:

The Secretary of State for Trade and Industry, Mr Stephen Byers, has been handed a petition of 100,000 signatures calling for a ban on cash machine withdrawal charges. Plans to introduce disloyalty charges by many of the high street banks have received a great deal of criticism from consumers and consumer groups alike.

Marketing procedures, Political activity

---

UK: BARCLAYS TO MAINTAIN ATM CHARGES

Article Abstract:

Barclays Bank will continue charging users of its automated teller machines (ATMs) even though other UK-based banks intend to abolish the controversial moves. National Westminster Bank revealed on 29 Jane 2000 that customers of other banks who obtained cash from its 3,400 ATMs would not be charged. HSBC also revealed that user charges may not be introduced, while Lloyds TSB is re-evaluating the issue of charging.

Commercial Banks, Computer terminals, Special Purpose Terminals, Computer Terminal Manufacturing, New capacity, new plant construction, Retail Banking Services, Clearing Banks, Financial Transactions Processing, Reserve, and Clearinghouse Activities, DEPOSITORY INSTITUTIONS, Retail banking, Bank clearinghouses, Lloyds TSB Group PLC, Buildings and facilities, Hongkong and Shanghai Banking Corporation Ltd., National Westminster Bancorp Inc.

Similar abstracts:

• Abstracts: UK: NORTHERN ROCK POSTPONES SALE OF CARE HOMES. UK: ABBEY NATIONAL TO LAUNCH CAHOOT. UK: BBV OFFERS BOS HELP IN NATWEST BID
• Abstracts: UK: LINK TO AIR FLIGHTS AND BLOOD CLOTS. UK: BRITISH MIDLAND MAY NOT FLOAT. UK: SURVEY ON AIR RAGE INCIDENTS
• Abstracts: UK: ELECTROCOMPONENTS' CATALOGUE PUT ONLINE. UK: TD WATERHOUSE AND BT IN WAP SHARE DEAL. UK: INTERNET VENTURE FROM EMI
• Abstracts: UK/US: ONLINE VENTURE BY C&W AND SMITH-GARDNER. US: IBM IN B2B VENTURE CALLED E2OPEN.COM

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.